USD/CHF – 1H – BUYThe combination breaks through the descending trendline up.
An ascending movement upwards to the next resistance at 0.85176 is expected.
Caution: A possible counter-trend in the direction of the support level at 0.84147 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.85614 |
| 2nd High | 0.85495 |
| Next High | 0.85176 |
| Current Price | 0.84943 |
| Next Low | 0.84147 |
| 2nd Low | 0.83905 |
| 3rd Low | 0.83740 |